ROFR Thread April to June 2018 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[ajjonesehc]

There's one sure way to find out!

Yup. I have one that should be sent over to DVD ROFR on Monday that's probably ROFR fodder, but you never know until you try. I'll post the string when it's officially sent.

 

[ScubaCat]

Yup. I have one that should be sent over to DVD ROFR on Monday that's probably ROFR fodder, but you never know until you try. I'll post the string when it's officially sent.

It's always worth trying. We've seen BLT be bought back at $110 and the next week an $87 contract goes through. (Yes, $87 per point for BLT... just last year I believe.)

 

[ajjonesehc]

It's always worth trying. We've seen BLT be bought back at $110 and the next week an $87 contract goes through. (Yes, $87 per point for BLT... just last year I believe.)

Yeah we had a $103 BLT get taken last year and then passed at $109. This year we've lost three so far, and may be on the way to a 4th and 5th. I think the drunken monkey is always in effect.

 

[disneyeveryyear]

I don't see that getting past ROFR in the current climate

Nothing would prevent someone from paying over ask. There is so little history for OKW(E). This quarter we have one passing at $105 and being taken at $93. If I wanted OKW(E), I might pay $105 and ask them to pay closing and/or MFs.

 

[DaveNan]

I don't see that getting past ROFR in the current climate

In general I believe Disney buys based on whether they need the points (for OTU or fulfill a waitlist) and how much money they can make, not based on how good of a deal you are getting or trying to control the resale price. As people mentioned there is not much info OKW(E) to test the theory, but the extreme extension of this logic is: Disney re-sells all OKW points at $151 as OKW(E). They add the extra 15 years on the backside of their flip for free, whether is had it at rofr or not. So to them, this is a $95 OKW purchase, not a $95 OKW(E) purchase. From that angle - I would think there is hope.

 

[Dan1]

Nothing would prevent someone from paying over ask. ... If I wanted ..... , I might pay $105 and ask them to pay closing and/or MFs.

This is a strategy I’ve been pondering.

Aren’t closing costs less for Disney vs resale brokers? I thought I read that somewhere. If correct then I’ve been thinking it’s better to pay at or above the seller’s posted $ / point but have the seller pay closing costs to make agreement less attractive to the Mouse.

Thoughts?

 

[jennwdw]

Just getting underway.

Jennwdw---$143-$23475-160-BLT-Oct-0/16, 0/17, 181/18, 160/19- sent 5/28

 

[jvattes]

In general I believe Disney buys based on whether they need the points (for OTU or fulfill a waitlist) and how much money they can make, not based on how good of a deal you are getting or trying to control the resale price. As people mentioned there is not much info OKW(E) to test the theory, but the extreme extension of this logic is: Disney re-sells all OKW points at $151 as OKW(E). They add the extra 15 years on the backside of their flip for free, whether is had it at rofr or not. So to them, this is a $95 OKW purchase, not a $95 OKW(E) purchase. From that angle - I would think there is hope.

Good point. Didn't consider that to them OKW is OKW

 

[Jerry5788]

Good point. Didn't consider that to them OKW is OKW

They might even consider the extended Resales better because it keeps maintenance fees coming an extra 15years

 

[ScubaCat]

They might even consider the extended Resales better because it keeps maintenance fees coming an extra 15years

It hasn't seemed that way with the limited history we have on them. That's probably because the people that shelled out for the extension are much less likely to sell considering they paid a hefty premium for the additional years. Granted things change and that's why they pop up from time to time, but inventory of OKW extended resale contracts is (expectedly) far less.

 

[disneyeveryyear]

This is a strategy I’ve been pondering.

Aren’t closing costs less for Disney vs resale brokers? I thought I read that somewhere. If correct then I’ve been thinking it’s better to pay at or above the seller’s posted $ / point but have the seller pay closing costs to make agreement less attractive to the Mouse.

Thoughts?

I think it may be less attractive to DVC, however, it can also be less attractive to the seller because I believe commission is paid on price per point, not total price. thus, even thought it might be the same total price for the buyer, the seller may pay more in commission.

Just getting underway.

Jennwdw---$143-$23475-160-BLT-Oct-0/16, 0/17, 181/18, 160/19- sent 5/28

Good luck!

 

[Reneedisnerd]

Day 31 sigh.
I hope to get some news today. I would love to tell my kids we are good for our next trip or at least put an offer in on our next attempt.

 

[motherof5]

Lol ! Yes I think after I hear ( from Fidelity) I will be moving onto a different company too!

I keep seeing people saying they won't do Fidelity again are they slower or what is the reason? I seem to see their prices always are cheaper, was afraid this meant more taken, is that true?

 

[motherof5]

It's always worth trying. We've seen BLT be bought back at $110 and the next week an $87 contract goes through. (Yes, $87 per point for BLT... just last year I believe.)

Wow that person got a amazing deal. I paid more for AKL!

 

[motherof5]

I think it may be less attractive to DVC, however, it can also be less attractive to the seller because I believe commission is paid on price per point, not total price. thus, even thought it might be the same total price for the buyer, the seller may pay more in commission.


Good luck!

Sending pixie dust

 

[Matty B13]

I keep seeing people saying they won't do Fidelity again are they slower or what is the reason? I seem to see their prices always are cheaper, was afraid this meant more taken, is that true?

Communication isn't their strong suit, but they get the job done. If they have a contract you like I wouldn't hesitate to use them.

 

[AlldayIdreamaboutDisney]

Just curious, if I do not hear by the 30 day mark am I obligated to still wait for an answer or can I walk away and look for another property?

 

[Matty B13]

Just curious, if I do not hear by the 30 day mark am I obligated to still wait for an answer or can I walk away and look for another property?

When you make an offer, in the contract it should have a closing date, you or obligated to fulfill your part of the contract till that date. After that you can cancel or wait it out.

 

[Making Moore Memories]

Day 31 sigh.
I hope to get some news today. I would love to tell my kids we are good for our next trip or at least put an offer in on our next attempt.

Sending good vibes your way. I've decided to wear Disney jewelry every day until we hear back from ROFR

 

[Reneedisnerd]

Sending good vibes your way. I've decided to wear Disney jewelry every day until we hear back from ROFR

Thanks!